- Rayduim’s LaunchLab is returning to the meme coin space, aiming to reclaim market share from Pump.fun.
- LaunchLab is gaining traction, capturing up to 24% of daily new meme coin launches compared to Pump.
- The winner of the battle between the platforms will likely deliver the next breakout token.
The debut of LaunchLab in April, Raydium’s meme coin launchpad, is leading to a comeback in the meme coin space as the platform aims to get market share from Pump.fun.
A K33 Research report states that LaunchLab is gaining traction in the Solana decentralized exchange (DEX), capturing up to 24% of daily new meme coin launches compared to Pump. However, the winner of the battle between the platforms will depend on incentives, user growth, and meme virality, with the victor likely to be the one that delivers the next breakout token.
LaunchLab’s comeback: From a slow start to gaining ground
A K33 report highlights…
